All Eyewear Intelligence articles in Volume 16, Issue 17
View all stories from this issue.
-
News briefs
Rochester Optical is teaming up with Hong Kong Optical Lens...
Rochester Optical is teaming up with Hong Kong Optical Lens Company for the distribution in Asia of its Smart Solutions line, which consists of proprietary optical frames and lenses designed by the American firm for smart glasses. The partnership was announced at the Hong Kong Optical Fair last month. The ...
-
Article
A reorganized pq Eyewear sees new horizons
Working through a new organizational structure established a year ago, pq Eyewear has started to market its original glasses on a wider scale, while preparing a bold new move into mass customization that should be implemented in the course of 2016, in partnership with selected distribution partners around the world.Designed by ...
-
News briefs
Vista Outdoor has recruited Kelly T. Grindle, a senior executive...
Vista Outdoor has recruited Kelly T. Grindle, a senior executive of Johnson Outdoors, to act as president of its outdoor products segment, comprising Camelbak and Jimmy Sykes as well as Bushnell and its various eyewear brands, including Bollé. He will take up his new functions on Jan. 4, reporting directly ...
-
News briefs
Vinyl Factory has re-launched its website, which includes its e-shop....
Vinyl Factory has re-launched its website, which includes its e-shop. Besides the product catalog, it features a photo gallery of well-known people wearing its glasses.
-
News briefs
Sales in the outdoor products division of Vista Outdoor, which...
Sales in the outdoor products division of Vista Outdoor, which includes Bollé and the other brands of the Bushnell Outdoor Group, increased by 16.9 percent to $213 million in the second quarter ended Oct. 4, with organic growth of 3.5 percent compared with the second quarter last year. The company's ...
-
Short stops
Kenmark promotes Jason Wehlage to director of product
Kenmark promotes Jason Wehlage to director of product
-
News briefs
De Rigo has formed a new subsidiary in Dubai, taking...
De Rigo has formed a new subsidiary in Dubai, taking over the wholesale distribution in the Gulf states from two wholesaler-retailers, Hassan Group and Yateem Optical Group, who also have about 150 stores in the area. They will have minority stakes in the De Rigo Middle East, which will ...
-
Article
A tough quarter for CVI
CooperVision had to face strong competition in the U.S. in October from Johnson & Johnson, which accompanied the release of a new one-day silicon hydrogel contact lens, Oasis, with aggressive discounts that flooded the market. Still, CVI managed to raise its total sales of silicon hydrogel lenses by 16 percent ...
-
Article
Italia Independent will float higher under Elkann’s control
The Italia Independent Group has announced that it will apply in 2016 for listing on the Mercato Telematico Azionario (MTA), a higher counter of the Italian Borsa (stock exchange). Since July 2013, the company has been quoted on AIM, the alternative investment counter of the Italian stock exchange for small ...
-
Short stops
Delfin, the holding company of Leonardo Del Vecchio, the largest...
Delfin, the holding company of Leonardo Del Vecchio, the largest shareholder in Luxottica, has bought a 13% interest in Luxair, the airline company in Luxembourg, from Lufthansa
-
News briefs
Valli Holdings, parent company of Valli Opticians, says it has...
Valli Holdings, parent company of Valli Opticians, says it has doubled the number of its stores in the U.K. by acquiring AH Mertons, a chain of seven stores in Lancashire and Cheshire. It has also nearly trebled its turnover. Run by Moin Valli and based in Huddersfield, the independent retail ...
-
Article
Higher sales and margins for Italian eyewear companies
A study of 11 Italian eyewear companies of various sizes conducted by a Milan-based management consultant, Pambianco Strategie di Impresa, shows that their combined operating earnings before amortization (Ebitda) rose to a relatively high level of 18 percent in 2014 from 17 percent in the previous year. Their combined sales ...
-
News briefs
The Chinese government has decided to lower import duties on...
The Chinese government has decided to lower import duties on 800 products from Jan. 1, 2016. One of the items is sunglasses, whose import duty is going down to 6 percent from 20 percent. The purpose of this measure is to stimulate private consumption.
-
News briefs
Two new franchises take the Italian Nau! chain's total number...
Two new franchises take the Italian Nau! chain's total number of stores to 95. One has been opened in Udine by a franchisee who joined the chain in 2006 with an outlet in Pordenone. The other one is located in Bolzano, where Fielmann recently set up its first store in ...
-
News briefs
Essilor is joining forces with CNRS, the French National Center...
Essilor is joining forces with CNRS, the French National Center of Scientific Research, for the development of lenses and glasses with active and connected functions. The company has signed a new research agreement for a five-year collaboration with CNRS' LAAS (Laboratory for Analysis and Architecture of Systems), whose areas of ...
-
Article
Higher sales and profits for Zeiss in vision care
Carl Zeiss has reported a turnover of €1,007 million in the combined Vision Care and Consumer Optics segments for the financial year ended Sept. 30, adding that it grew by 7 percent from €946 million in the prior year. It also said that the business unit made a considerable contribution ...
-
News briefs
Hoya Vision Care is entering the Russian market directly with...
Hoya Vision Care is entering the Russian market directly with a new subsidiary, Hoya Lens RUS, taking over the business from a longtime distributor. The new entity is led by Evgeny Shumilov, who apparently comes from the dental and health care sectors. The company's products have been sold in the ...
-
News briefs
Hillair Capital Investments has exercised an option to subscribe to...
Hillair Capital Investments has exercised an option to subscribe to additional shares in PFO Global, the American company led by Ruedi Suter, resulting in a total investment to date of $5.8 million, with an option to invest an additional $2.1 million by converting a new five-year bond carrying 8 percent ...
-
Short stops
Mykita has launched a new line of children's glasses, called...
Mykita has launched a new line of children's glasses, called First, sealed with a rubber coating
